Coinbase Brings Perpetual Futures to US Market Under CFTC

Coinbase has officially rolled out CFTC-regulated perpetual futures trading for U.S. customers, marking a pivotal development in the American crypto derivatives market. The new service, available through CoinbaseFinancial Markets, introduces nano Bitcoin (BTC-PERP) and nano Ether (ETH-PERP) perpetual-style futures, offering up to 10x leverage and taker fees starting as low as 0.02%.

This launch is significant as perpetual contracts account for 75–90% of global crypto derivatives trading volumes. Until now, U.S. traders seeking access to “perps” often relied on offshore exchanges, facing regulatory uncertainties and security concerns. Coinbase’s initiative addresses this gap by offering a compliant, secure, and regulated domestic alternative.

Coinbase Brings Perpetual Futures to U.S. Market Under CFTC

Structured with 5-year expiries for compliance but operating like traditional perpetuals—via hourly funding rates and 24/7 trading—these futures contracts settle in USD. Coinbase Financial Markets, a CFTC-registered entity, ensures that these products meet U.S. regulatory standards while catering to both retail and institutional traders.

Coinbase aims to provide margin trading of up to 10x for crypto and 20x for metals, attracting sophisticated traders looking for leveraged instruments in a regulated environment. The exchange is also considering expanding its futures lineup to include assets like Solana (SOL) and Ripple (XRP) based on market demand.

This launch follows Coinbase’s recent $2.9 billion acquisition of crypto options platform Deribit, highlighting its broader push to become a dominant player in the derivatives space. With competitors like Binance, Bybit, and OKX operating largely offshore, Coinbase’s U.S.-regulated offering stands out by focusing on transparency, investor protection, and compliance.

By offering perpetual futures within a regulated framework, Coinbase is enhancing market accessibility and legitimacy for American investors. The move is expected to drive increased participation, deepen liquidity, and foster institutional adoption, ultimately cementing Coinbase’s position as a leading force in the evolving global crypto ecosystem.

Is Coinbase Wallet the Correct Choice?

If your goal is to securely store an extensive range of cryptocurrencies while also ensuring seamless connectivity to various exchanges and the burgeoning decentralized finance ecosystem, exploring Coinbase Wallet could prove to be a highly advantageous decision. With its robust security features, user-friendly interface, and broad compatibility with numerous digital assets, Coinbase Wallet stands out as a reliable solution for both novice and experienced cryptocurrency enthusiasts alike.

So, curious to learn more? Dive into our in-depth review for more info.